Tag Bollinger Bands

Primary Functions

Again, although Bollinger Bands can help generate buy and sell signals, they are not designed to determine the future direction of a security. The bands were designed to augment other analysis techniques and indicators. By themselves, Bollinger Bands serve two…

Bollinger Bands

Developed by John Bollinger, Bollinger Bands allows users to compare volatility and relative Price levels over a period time. Bollinger Bands are envelopes which surround the price bars on a Chart. They are plotted two standard deviations away from a…